Shelton Academy Education Foundation

Analysis

Shelton Academy Education Foundation is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Shelton Academy Education Foundation reported income of $2.5m and spending of $2.0m, leaving 20% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $3.1m to $2.5m (-20%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shelton Academy Education Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Houston Immigration Legal Services Collaborative ($2.5m), Arizona School Choice Trust Inc ($2.5m) and The Goodman Family Supporting Foundation ($2.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $16k. At year end it held assets of $11.8m against liabilities of $7.3m, net assets of $4.4m. It reported 1 employees.